does a stereo system sound like live music ?

A photograph also doesn't look like the real thing but that doesn't mean the difference between a Leica and a cheap disposable is not meaningful. However, there is a market for both. So it does depend on what you value and can afford.

Newbee,

That was so well said.
Excellent articulate statement and I concur.

I enjoy music on whatever equipment whether it be a walkman, car stereo, dvd player through the tv! Right now as I type I am listening to music through a cheap Creative pc speakers set up. Very enjoyable. But when the big system gets turned on....Bliss.
I do enjoy my 10%.
Ps Mrtennis, out of interest how do you get to a figure of 10%?

the reference to 10 percent was based upon an article i had read in either absolute sound or stereophile.

You could be correct with the 10%, I would say judging by some of the Orchestral music I have heard live 10% maybe a little on the conservative side especially with the likes Elgars 'Pomp and Circumstance'.......The Proms at the Royal Albert Hall.
Yes a hi-fi system can't compete with an orchestra.
But then again if you put your ears against my speakers and I turn the wick up, it will sound louder to you than any Orchestra even if you were sitting in the front row !!! lol